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Management accounting

NEW IFAC STUDY FOCUSES ON COMPETENCIES OF MANAGEMENT ACCOUNTANTS AND THEIR VALUE TO ORGANISATIONS

A major study released by the International Federation of Accountants' (IFAC's) Financial and Management Accounting Committee (FMAC) presents a global, best practice perspective on management accounting. Contemporary management accounting is an integral part of the management process focused on the effective use of resources in ongoing value creation by organisations. The study highlights the competencies related to best practice in management accounting and the competencies required of those taking key roles in this field of management.

Entitled Competency Profiles for Management Accounting ...

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